Is Ashland Overvalued Compared to Its Peers?
As of May 25, Ashland (ASH) was trading at a one-year-forward PE multiple of 21.1x.
Cantel Medical’s Revenue and Income Rise in Fiscal 1Q16
Cantel Medical (CMN) has a market cap of $2.8 billion. Its YTD (year-to-date) price has been rising quarter-over-quarter in calendar 2015.
Optimism in Small Business Remained Unchanged in October
According to the NFIB, the small business optimism index remained unchanged at 96.1 in October. The reading was below the consensus estimate of 96.4.
Bruker Reported 3Q15 Earnings and Drove IHI Mid-Cap Stocks
Bruker (BRKR) went up by 4.9% on good 3Q15 earnings. The company reported 3Q15 revenues of $396.1 million, a decline of 5.6% compared to 3Q14.
How Did STERIS Perform in a Competitive Market?
The PE ratios of STERIS, Stryker Corporation, Ecolab, Hill-Rom Holdings, and Cantel Medical are 33.46x, 31.05x, 29.64x, 37.37x, and 51.55x, respectively.
STERIS: Revenue Rose and Income Fell in 2Q16
STERIS has a market cap of $4.5 billion. Its YTD price movement is a mix of ups and downs in 2015. After its 2Q16 report, STERIS rose by 7.1% as of October 30.
Team Health Led the Mid-Cap Space with 10.1% Gains
Team Health Holdings (TMH) rose by 10.1% for the week ending October 23, 2015. The stock rose as it announced preliminary numbers for 3Q15.